EURGBP Bearish Cypher
EURGBP is in a Bearish Trend, with price below the 200 MAV.
A recent consolidation may be suggestive of a Cypher Harmonic, with the CD leg
underway. Momentum confirms a bullish divergence. The target is .786 retracement of the XA leg at .8460.
From there the downtrend continues with the next impulse to .8310.
A recent consolidation may be suggestive of a Cypher Harmonic, with the CD leg
underway. Momentum confirms a bullish divergence. The target is .786 retracement of the XA leg at .8460.
From there the downtrend continues with the next impulse to .8310.
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